Is the hegemony of the dollar in decline?Will the U.S. debt tide be the starting point for the decline of dollar hegemony?Behind all of this lies a huge price. In the past, the United States has relied on global sustenance, but now it has to pay its debts.
Is the U.S. debt so large that it can afford it?At the same time, the U.S. has reached nearly a trillion dollars in interest, but it has harvested relatively few assets of its own. All this could lead to a rate cut in the United States
Or even the beginning of the collapse of the dollar, and it will be the American people who will ultimately bear the price. What are your thoughts on this?Welcome to leave a message in the comment area to discuss!Now, let's take a look at these questions.
In the past, the United States has accumulated a large amount of wealth through global ** and U.S. debt, and promoted the globalization of the dollar. However, the pace of issuance of US Treasuries was much higher than expected, accompanied by a decline in the ability of the United States to service its debts.
As of September this year, China's holdings of U.S. debt have fallen to $778.1 billion, while other countries are also spurring U.S. debt. The Federal Reserve lost nearly $860 billion
And the American people have become the main force to take over a large number of US bonds, even including ordinary people. The United States used to rely on global sustenance, but now it's time to pay its debts. The United States claims to have a GDP of $26 trillion
Consumption is the main thing, but it may face the dilemma of not being able to borrow money and repay debts. The United States is now raising interest rates to attract investors, but it is the American people who have become the last to take over.
Those who take over the US debt now will bear the greatest price for the United States. The U.S. had hoped to harvest global assets through the dollar tidal wave to cover its fiscal deficit, but the reality may have been contrary to expectations. Even if the interest rate hike is at its highest point,
The United States itself is the first to bear the brunt. Interest in the United States has reached nearly a trillion dollars, but it has harvested relatively few assets. If the harvest fails,
The US interest rate cut may be the beginning of the dollar's collapse, and the American people will be the final price. Faced with this situation, we can't help but wonder if the United States can afford such a heavy debt burden
When the world is no longer willing to take over US bonds, where will the United States go?If the dollar does decline, what will be the impact on the global economy?Welcome to leave a message and come together to ** this major issue.